Auto Industry News

Nardo Technical Centre Completes 10 Years Under Porsche Ownership
Porsche acquired the Nardo Technical Centre in 2012 and has over the years developed it into a centre for high-performance testing, validation and vehicle development.

Exclusive: Matter's New Electric Motorcycle To Be Unveiled In September
May 10, 2022 12:06 AM
Mattery's first-ever offering will be an electric motorcycle that will be unveiled in September this year. It will also be the first electric two-wheeler to get active liquid cooling upon launch.

MG Motor India Clocks 1 Lakh Sales Milestone
May 9, 2022 11:38 PM
The MG Hector has been its bestselling model so far followed by the MG Astor and MG ZS EV.

Anglo American Reveals World's Largest Hydrogen Fuel Cell Mining Truck
May 9, 2022 09:19 PM
British mining company reveals prototype heavy mining truck capable of carrying up to 290 tonnes of payload.

India's Mahindra And Mahindra Says No Plans To Split Company Into Three
May 9, 2022 08:46 PM
In a stock exchange filing Mahindra said that there were no plans to split its auto business into three units.

Ola Electric's Chief Technology Officer Dinesh Radhakrishnan Quits As Management Exodus Continues: R
May 9, 2022 08:13 PM
Dinesh Radhakrishnan worked for a year as the Chief Technology Officer at Ola Electric and Ola Cabs, and handled critical engineering functions. He is the second high profile exit in a span of a few days after Arun Sirdeshmukh, CEO of Ola Cars.

Biden Sidelined Global Energy Partners With Record Emergency Oil Release: Sources
May 9, 2022 07:22 PM
The group's members have become worried that U.S. President Joe Biden is using the Strategic Petroleum Reserve (SPR) to tamp down rampant domestic inflation for political reasons, instead of protecting consumer countries from a global supply disruption, according to the sources who declined to be identified because of the sensitivity of the topic.

AGCO Ransomware Attack Disrupts Tractor Sales During U.S. Planting Season
May 9, 2022 12:25 AM
AGCO Corp said a ransomware attack was affecting operations at some of its production facilities, and dealers said tractor sales had been stalled during the crucial planting season.

EV Maker Nikola Jumps On Securing Supplies To Meet 2022 Delivery Target
May 9, 2022 12:13 AM
Electric vehicle maker Nikola Corp said it had secured sufficient component supplies to meet its delivery target of between 300 and 500 Tre battery electric trucks this year, sending its shares more than 7% higher.

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